PRINT COVER [EXAMPLE] DEVELOPMENT Track Record October 2013 OUR SERVICES OUR SERVICES Development The development department was created in May 2006, having previously been managed within each of the different service lines of CBRE. The development market in Portugal is becoming increasingly attractive for both national and international developers and therefore this decision was taken to continue to offer a full range of services to our existing and potential clients. CBRE’s goal is to advise and guide developers throughout the Portuguese development process, including; the identification of land, advising on suitable products and mix, advising of the planning process and the finding of final users. Furthermore, the department carries out agency duties with the sale of prime development opportunities throughout the country and the advising of Buyers in their acquisitions. Due to the extensive experience of the company and its coverage both within Portugal and globally we are able to assure the maximisation of capital/land values for property owners. The development department adds to an already existing extensive capacity, knowledge and experience attained within the departments of Investment, Offices, Retail, Industrial, Residential, Valuation and Consultancy. 3 OUR SERVICES Development BROKERAGE SERVICES Offices Residential Transaction Advice Land Search Formal Bidding Process Search for operators / Anchors Search for Partners / Financing Due Diligence Purchase Support Reports CONSULTANCY SERVICES Industrial Redevelopment Industrial Urban Planning Assessment Market Studies Best Use Studies Feasibility Studies BUILDING CONSULTANCY Retail Comércio Tourism Turismo Due Diligence Project Management Architecture and Engineering Construction Tender Process Site Monitoring 4 OUR EXPERIENCE OUR EXPERIENCE Residential - Some Examples… LISBON RUA DO CARMO 97 - 105 LISBON PALACETE RIBEIRO DA CUNHA PORTO ALEGRO HOME DESIGN PORTO - AV. ALIADOS PENSÃO MONUMENTAL Client: Redevco Portugal Client: Eastbanc Client: Martinsa Fadesa Client: Imopolis Other party: Oportunidade FEIIF (Norfin - SGFII) Other party: Confidential Other party: Investoc Other party: Drago Potential Area : 6,500 sq m Area: 6,821 sq m Area: 6,133 sq m Use: Residential / Hotel Use: Residential Use: Residential LISBON PALÁCIO CONDES DO RESTELO LISBON PALÁCIO DA CRUZ DA PEDRA LISBON ACP PREMISES LISBON RUA DA ALEGRIA, 76 - 104 Client: Fundo Prestige Client: ESAF Client: Eastbanc Client: Eastbanc Other party: Confidential Other party: ACP Other party: Confidential Area: 3,300 sq m Area: 2,500 sq m Area: 4,700 sq m Use: Residential Use: Residential Use: Residential Potential Area : 514 sq m Use: Residential Other party: Confidential Area: 2,401 sq m Use: Residential 6 OUR EXPERIENCE Residential - Some Examples… LISBON AV. 5 DE OUTUBRO, 95 LISBON LEONEL BUILDING Client: Groupama Client: Imópolis Other party: Wallpark Other party: Norfin Area: 3,990 sq m, 14 Units Use: Residential Area: 1.267 sq m, 10 Apartments Use: Residential LISBON AVENIDAS NOVAS AV. MIGUEL BOMBARDA LISBON GLÓRIA RESIDENCE Client: BALEALTUR II Other party: Confidential Other party: Sonagi Area: 1,469 sq m, 19 Apartments Area: 3,787 sq m Use: Residential Client: PREMIER Use: Residential LISBON QUINTA DAS LARANJEIRAS LISBON RUA AUGUSTA 275 LISBON PRAÇA PRÍNCIPE REAL, 28 Client: Confidential LISBON PRAÇA DOS RESTAURADORES, 53-57 Client: Redevco Client: Eastbanc Other party: Confidential Client: Confidential Other party: Confidential Other party: Confidential Potential Area: 2,228 sq m Other party: Confidential Area : 320 sq m Area: 1,957 sq m Use: Residential Area : 1,777 sq m Use: Residential Use: Residential Use: Residential 7 OUR EXPERIENCE Offices - Some Examples… LISBON AV. DA REPÚBLICA 43 LISBON AV. DA REPÚBLICA 81 LISBON DUQUE DE PALMELA 11 LISBON RUA DO OURO 242 Client: Grupo Amorim Client: Grupo Amorim Client: Grupo Amorim Client: Grupo Amorim Other party: Grupo Santander Other party: Grupo Santander Other party: Grupo Santander Other party: Grupo Santander Area: 3,372 sq m Area: 3,724 sq m Area: 3,524 sq m Area: 892 sq m Use: Offices Use: Offices Use: Offices Use: Offices LISBON CAMPO PEQUENO 81 LISBON DUQUE DE LOULÉ 123 LISBON AV. DA LIBERDADE 85 LISBON RUA CASTILHO 13 Client: Grupo Amorim Client: Grupo Amorim Other party: Grupo Santander Client: Fimove-Soc Gestão de Investimentos Client: Latinver Other party: Grupo Santander Area: 5,922 sq m Area: 5,390 sq m Area: 3,254 sq m Use: Offices / Residential Use: Offices Other party: Limiasur -Inv. Imobiliários e Turísticos Area: 1,553 sq m Use: Offices 8 Other party: Gabarito Use: Offices OUR EXPERIENCE Offices - Some Examples… LISBON-PARQUE DAS NAÇÕES AV. DO MEDITERRÂNEO LISBON-PARQUE DAS NAÇÕES AV. D. JOÃO II – LOTE 1.06.22 LISBON-PARQUE DAS NAÇÕES ADAMASTOR LISBON-PARQUE DAS NAÇÕES CENTRAL OFFICE Client: Parque Expo Client: Comitur Client: Parque Expo Client: Parque Expo Other party: Imocom Other party: Iosa Other party: Comitur Other party: Turiprojecto Area: 6,700 sq m Area: 8,700 sq m Area: 16,000 sq m Area: 10,370 sq m Use: Offices Use: Offices Use: Offices / Retail Use: Offices LISBON HERON CASTILHO LISBON LIBERDADE 69 LISBON MARQUÊS DE POMBAL 2 LISBON RUA CASTILHO 70 Client: Heron International Client: Latinver Client: Heron International Client: Mapfre Other party: Pascoal & Filhos Other party: Longavia Other party: Latinver Area: 11,000 sq m Area: 6,000 sq m Other party: Hermínio Bastos dos Santos Use: Offices / Residential Use: Offices Area: 3,000 sq m Use: Offices 9 Area: 11,500 sq m Use: Offices OUR EXPERIENCE Industrial | Retail - Some Examples… AZAMBUJA INDUSTRIAIS PREMISES PALMELA LAND PALMELA LEAR PALMELA Client: General Motors Client: Seagate Other party: Turiprojecto Other party: Lear Corporation Client: Lear Corporation Portugal, S.A. Area: 353,000 sq m Area: 56,000 sq m Use: Industrial Other party: Confidential Use: Industrial & Logistics AZAMBUJA RAINHA COMPANY SERVICES CENTRE Client: Imocresce Area: 56,000 sq m Other party: Fundo Primeiro Imobiliário Use: Industrial Area: 193,700 sq m Use: Industrial & Logistics VISEU RETAIL PARK FUNCHAL, MADEIRA ISLAND FUNCHAL CENTRUM CACILHAS, ALMADA CAIS DO GINJAL MEM MARTINS LAND Client: Nagatel Client: Nossa Cidade, SA Client: GALP Energia Client: Sardinha & Leite Other party: Martifer Marketing and Project Consultancy Other party: AFA Investimentos Imobiliários Other party: Novartis Farma Area: 17.750 sq m Area: 12,025 sq m Use: Retail Park Use: Industrial 10 Area: 69,000 sq m Use: Industrial & Logistics OUR EXPERIENCE Tourism | Consultancy - Some Examples… ALENTEJO HERDADE DO REGUENGO BAHIA – BRASIL QUINTA DO LITORAL ODEMIRA HERDADE DO MALHÃO DOURO – PORTO QUINTA DOS MURÇAS Client: Soc. Agrícola Nª Sª da Lapa Client: Design Resorts Client: Herdade do Malhão Inv. Imobiliários Client: Esporão S.A. Consultancy and Valuation together with Neoturis Use: Tourism Other party: Confidential Area: 485 hectares Other party: Confidential Area: 300 hectares Use: Tourism Area: 1,770,000 sq m Use: Tourism PORTO NOVO ESTÁDIO DO FCP LISBON & PORTO INVESFER/ REFER VILA NOVA DE GAIA - PORTO Client: Futebol Clube do Porto (FCP) Client: Invesfer Consultancy on the land acquisition for installation of gas stations Financial and Commercial viability study and consultancy project Other party: Confidential Client: Exxon Mobil Financial and Commercial viability study and consultancy project 11 LISBON PARQUE DAS NAÇÕES Client: Expo Urbe Financial and Commercial viability study and consultancy project. OUR EXPERIENCE Valuations - Some Examples… PORTFOLIO LAND - VARIOUS LISBON PARQUE MAYER LISBON - SANTOS PORTFOLIO OF 3 PROPERTIES SINTRA-CASCAIS QUINTA DA PENHA LONGA Client: Fadesa Client: C. M. de Lisboa Client: Confidential Client: Deutsche Bank Valuation of land to develop residential and retail projects Valuation of portfolio for residential buildings Valuation of land to develop a residential project Total area : 441,500 sq m Valuation of land, to develop a real estate project, for retail, leisure, culture and residential use. LISBON ALTA DE LISBOA LAND PORTFOLIO LAND - VARIOUS VILA NOVA DE GAIA INDUSTRIAL LAND Client: Sgal Client: Vallehermoso ALVERCA & MATOSINHOS LAND AND INDUSTRIAL PREMISES Valuation of 2 plots of land to develop a hotel project Valuation of land to develop residential projects Client: Babcock & Brown Valuation of 2 industrial plots of land Area: 91,500 sq m Total area : 273,022 sq m Area: 10,900 sq m Valuation of industrial land and existing premises Total area: 229,500 sq m 12 Client: Antalis Area: 11,300 sq m OUR TEAM OUR TEAM Development Francisco Horta e Costa FRANCISCO HORTA E COSTA Managing Director Managing Director of CBRE Lisbon since October 2012. Degree in Economics from Universidade Lusíada, Lisbon. After a brief one year experience at Citibank, Francisco worked for a Spanish construction company (Agroman/Ferrovial) where he was responsible for the Treasury Department. Francisco then spent 10 years at CBRE Portugal where he started working as a property fund manager and where he headed the Investment Department for almost 7 years, having led and participated in several relevant transactions in the market, with both domestic and international investors. In September 2008 Francisco joined Norfin, a Portuguese fund manager with circa €1bn of assets under management, as International and Commercial Director, and Board Member of the company in Spain. Francisco re-joined CBRE in November 2009 as Senior Director, coordinating contacts with institutional investors in the various areas of business, namely Capital Markets, and is also a member of the “European Cross Border Capital Markets Group”. Francisco Sottomayor Francisco Sottomayor joined CBRE in January 2008 as head of the Development Department. Degree in Journalism from Instituto Português de Estudos Superiores, Francisco Sottomayor was Director of assets management at Parque EXPO’98, a state owned company that undertook the biggest urban renewal and development project ever tackled in Portugal, named Parque das Nações. FRANCISCO SOTTOMAYOR Associate Director 14 ABOUT CBRE ABOUT CBRE Historical Background and Activity CBRE was founded in the City of London in 1773. In the 1960’s, the firm experienced large-scale expansion, growing to become a worldwide influence in the areas of property investment and corporate advice. 1998 marked the merger with the American company CB Commercial, founded in 1906, in S. Francisco, forming a new company CBRE. In June 1998, CBRE acquires Hillier Parker May & Rowden, with headquarters in London, becoming the first company able to offer an entire range of real estate services in the main world markets through one sole entity. In 2003, CBRE acquired the Insignia Financial Group – one of the major groups operating on the global real estate market. With this merger CBRE has become the world’s leading commercial real estate services firm. Including partner company statistics, CBRE presently employs more that 34,000 professionals, with over 300 offices in over 60 countries. With headquarters in Los Angeles, the company is present in the North America, Latin America, Europe, Middle East, Africa and Australia markets. In 2012, the company posted revenues of 1.03 billion dollars for Europe, Middle East and Africa (EMEA). EMEA business activity 2012 included 7,175 sale and lease transactions, with a total value of 44.6 billion dollars, 61,775 valuation and advisory assignments. CBRE’ property and corporate facilities management portfolio was 55.7 billion square meters in 2012. 16 ABOUT CBRE Historical Background and Activity CBRE - Timetable 1773 Richard Ellis is founded. 1906 CB Commercial is founded. 1995 Westmark Realty Advisors, a leading institutional advisory and investment management firm, is acquired. 1996 LJ Melody and Co., one of the nation’s top commercial mortgage bankers, joins CB Commercial. 1997 CB Commercial merges with Koll Real Estate Services, a premiere facilities and property management firm. 1998 2003 2006 2007 2008 2009 2012 With the acquisition of Richard Ellis International and London-based Hillier Parker, CBRE is the first real estate services firm able to deliver integrated services on five continents. With the merger and acquisition of the Insignia Financial Group, CBRE becomes the world’s leading commercial real estate services firm. CBRE acquires Trammwell Crow Company and expands the leadership as commercial real estate services firm. CBRE pledges to become carbon neutral by 2010 – making CBRE the first commercial real estate services company to annouce such a goal. CBRE becomes first real estate services company ever included among the Fortune 500. CBRE is the only commercial real estate company to earn a place on this year’s BusinessWeek 50, where it has been ranked for the third year running. For the eleventh year running CBRE voted as the premier global brand in real estate by the Lipsey Company Brand survey. 17 ABOUT CBRE Historical Background and Activity LEGEND LEGEND Wholly Owned Offices Wholly Owned Offices Affiliate Offices Affiliate Offices Multiple Offices Multiple Offices 18 ABOUT CBRE Global Locations Angola Croatia Italy Nigeria South Korea Argentina Czech Republic Japan Norway Spain Australia Denmark Kazakhstan Panama Austria Finland Kenya Peru Sweden Switzerland Taiwan Bahrain France Latvia Philippines Belgium Germany Lithuania Poland Botswana Ghana Luxembourg Portugal Ukraine Brazil Greece Malaysia Romania Bulgaria Hong Kong Mexico Russia United Arab Emirates Cambodia Hungary Montenegro Serbia Canada India Morocco Singapore Venezuela Chile Ireland Netherlands Slovakia Vietnam China Israel New Zealand South Africa Zimbabwe 19 Thailand Turkey United Kingdom United States ABOUT CBRE CBRE in Portugal Operating in the real estate market in Portugal since the opening of our Lisbon office in 1988, CBRE offers services to some of the most important national and international companies in the various sectors of the market. CBRE acts on behalf of clients in the sale, lease, and property management, offering corporate services, valuation, consultancy and research and building consultancy services. CBRE provides complete real estate services to all real estate market players, companies and private clients, namely occupiers, tenants, developers and investors. We are active in all sectors, including offices, industrial, retail, hotels, resorts and residential and in all the different stages of development: land, property for sale or lease. In the last years, CBRE has reinforced its international position from Portugal, through an affiliate company in Angola, Zenki Real Estate (2010), and with a Portuguese presence in the S. Paulo office (2011), offering support to European clients, in particular to Portuguese and Spanish companies and investors. 20 For more information please contact: FRANCISCO SOTTOMAYOR Associate Director T +351 21 311 44 47 [email protected] Edifício Amoreiras Square Rua Carlos Alberto da Mota Pinto, 17, 10ºA 1070-313 Lisbon T + 351 21 311 44 00 www.cbre.pt